Weighed down by costs associated with trade tariffs, Carter’s saw its third quarter profits cut by more than half even as sales remained unchanged. Ca
Weighed down by costs associated with trade tariffs, Carter’s saw its third quarter profits cut by more than half even as sales remained unchanged. Carter’s CEO Douglas Palladini said the company is acting “decisively” to improve the company’s financial performance, including closing approximately 150 low-margin retail stores, reducing its office-based staff by 15 percent by the end […]
